Cancan Health
Cancan Health shows a history of positive net assets and no reported officer compensation, with recent filing showing $0 revenue.
EIN: 202854546 · Seattle, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $197K |
| Program Spending | 75% |
| Net Assets | $168K |
| Transparency Score | 75/100 |
Is Cancan Health Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cancan Health directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cancan Health
Cancan Health (EIN: 202854546) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cancan Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cancan Health is a small nonprofit, with 6 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of 25.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $197K |
| Surplus / Deficit | +$95K |
| Total Assets | $180K |
| Total Liabilities | $12K |
| Net Assets | $168K |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2015, Cancan Health reported a surplus of $95K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 6 years of filings (2010–2015), Cancan Health's revenue has grown at a compound annual growth rate (CAGR) of 25.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +29.2% | -10.7% | +84.0% |
| 2014 | +23.4% | +11.3% | +27.0% |
| 2013 | +4.3% | +5.0% | -16.0% |
| 2012 | +49.4% | +152.5% | -13.9% |
| 2011 | +26.6% | -13.3% | +94.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cancan Health with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Cancan Health allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
No officer compensation has been reported across all six available IRS 990 filings, suggesting a volunteer-led organization or one with a very lean executive structure, which can maximize funds available for programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cancan Health's IRS 990 filings:
- Latest filing shows $0 revenue and assets, raising questions about current operational status.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data.
Strengths
The following positive indicators were identified for Cancan Health:
- Consistent positive net assets in most operational years (e.g., $180,405 assets in 2015 vs. $12,070 liabilities).
- No reported officer compensation, potentially maximizing funds for mission-related activities.
- History of generating surpluses in multiple years (e.g., $94,782 surplus in 2015, $42,819 surplus in 2011).
- Assets consistently exceed liabilities, indicating good financial solvency.
Frequently Asked Questions about Cancan Health
Is Cancan Health a legitimate charity?
Cancan Health (EIN: 202854546) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Cancan Health spend its money?
Cancan Health directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cancan Health tax-deductible?
Cancan Health is registered as a tax-exempt nonprofit (EIN: 202854546). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cancan Health's spending goes to programs?
Cancan Health directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cancan Health located?
Cancan Health is headquartered in Seattle, Washington and files with the IRS under EIN 202854546.
How many years of IRS 990 filings does Cancan Health have?
Cancan Health has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Cancan Health currently operational given the latest $0 revenue and assets?
The latest filing showing $0 revenue and assets is an outlier compared to previous years where the organization reported significant activity (e.g., $292,204 revenue in 2015). Further investigation into the most recent filing's context is needed to determine current operational status.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
How does Cancan Health sustain operations without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not reported as officer compensation, or that the organization operates with a very lean administrative structure.
Filing History
IRS 990 filing history for Cancan Health showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Cancan Health's revenue has grown by 214.4%, moving from $93K to $292K. Total assets increased by 228.9% over the same period, from $55K to $180K. Total functional expenses rose by 128.7%, from $86K to $197K. In its most recent filing year (2015), Cancan Health reported a surplus of $95K, with revenue exceeding expenses. The organization holds $12K in liabilities against $180K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $292K | $197K | $180K | $12K | — | View 990 |
| 2014 | $226K | $221K | $98K | $25K | — | View 990 |
| 2013 | $183K | $199K | $77K | $9K | — | View 990 |
| 2012 | $176K | $189K | $92K | $8K | — | View 990 |
| 2011 | $118K | $75K | $107K | $10K | — | View 990 |
| 2010 | $93K | $86K | $55K | $810 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $292K, expenses of $197K, and assets of $180K (revenue +29.2% year-over-year).
- 2014: Revenue of $226K, expenses of $221K, and assets of $98K (revenue +23.4% year-over-year).
- 2013: Revenue of $183K, expenses of $199K, and assets of $77K (revenue +4.3% year-over-year).
- 2012: Revenue of $176K, expenses of $189K, and assets of $92K (revenue +49.4% year-over-year).
- 2011: Revenue of $118K, expenses of $75K, and assets of $107K (revenue +26.6% year-over-year).
- 2010: Revenue of $93K, expenses of $86K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cancan Health:
Data Sources and Methodology
This transparency report for Cancan Health is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.